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Mon, Oct 21, 2019 | Last Updated 11:35 pm IST

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History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories

History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories
History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories
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Accordingly Murali Divi is another richest person in Andhra Pradesh and is an Indian business tycoon who is also the founder of Indian pharma company Divi Laboratories. Meanwhile Divi Laboratories is one of the largest producers of certain drugs in the world and he has also collaborated with several other pharma companies both in India and overseas. He says “My main business is running farms and growing orchards; running pharmaceutical companies is my hobby.”


History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories


Reportedly Murali is a well-known face in the pharma industry and is awarded several times for his immense contribution to the pharma and medicine world. Meanwhile, the 63-year-old sits at the helm of a Rs 2,597 crore pharmaceutical contract manufacturing company, an investor favorite because of its industry-beating margins. Furthermore, in the last one year, the stock price of his company, Divis Laboratories, has risen by 75% and ended its June quarter this year with a 38% operating margin in an industry that averages over 20%.


History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories


Moreover, as a company that supplies the active ingredients of drugs to big pharmaceutical manufacturers, Divis Laboratories will only benefit from the expanding demand for medicines in developed and developing countries. Murali Divi says “People are living longer. As they live longer, they need to use more lifestyle management medicines. If you have arthritis and, instead of 80, you are living till 90 or 100, you need to use anti-arthritis or anti-inflammatory drugs for another 10-20 years”. (Divis Labs is the world’s largest manufacturer of Naproxen, an anti-inflammatory that is a part of medicines used to treat osteoarthritis.)  


History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories


Apparently one of the reasons why the company is on such solid ground today is because it deliberately chose a different business model at a time when most of the Indian pharmaceutical industry was seeking its fortune in challenging patents and selling generics in regulated markets. Also, he rues the excess use of chemicals by farmers today, and the heavy pollution that is seeping into agro-ecological systems. Hence this seems to have influenced the way he runs his company, which adheres to green manufacturing technology and waste treatment practices. 


History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories

History Maker : Murali Divi - Chairman & Managing Director of Divis Laboratories
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Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.